🐉 Dragon Daily Update | June 13
(1) 🚀 Launch of SPCX and its Market Impact
SpaceX has officially listed on NASDAQ, closing at $161 (+19%), pushing its market cap over $2.1 trillion, making it one of the largest companies in the U.S.
Elon Musk's net worth has also surged past $1 trillion, marking an unprecedented historic event.
There were over $150 billion in IPO requests, and part of this liquidity is now starting to flow back into high-risk assets.
However, there are still massive IPOs on the horizon like Anthropic and OpenAI, which means liquidity pressure may continue.
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(2) 🌍 Developments in the U.S.-Iran Agreement
Reports suggest that the agreement may be signed soon, possibly within this week or early next week, with officials describing the talks as "very close to the end."
The UAE has also agreed to release $10–20 billion in funds, with over $3 billion already freed up.
This has already been reflected in falling oil prices, and if the agreement is officially signed, it could support high-risk assets.
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(3) 📊 Trading Strategy
Positive events are gradually being priced in:
• The U.S.-Iran agreement nearing completion
• Decrease in liquidity pressure from the SpaceX IPO
• Shift in focus to macroeconomic risks
⚠️ Key Upcoming Event:
📅 June 17 — Bank of Japan (BoJ) Meeting
(1) 🚀 Launch of SPCX and its Market Impact
SpaceX has officially listed on NASDAQ, closing at $161 (+19%), pushing its market cap over $2.1 trillion, making it one of the largest companies in the U.S.
Elon Musk's net worth has also surged past $1 trillion, marking an unprecedented historic event.
There were over $150 billion in IPO requests, and part of this liquidity is now starting to flow back into high-risk assets.
However, there are still massive IPOs on the horizon like Anthropic and OpenAI, which means liquidity pressure may continue.
---
(2) 🌍 Developments in the U.S.-Iran Agreement
Reports suggest that the agreement may be signed soon, possibly within this week or early next week, with officials describing the talks as "very close to the end."
The UAE has also agreed to release $10–20 billion in funds, with over $3 billion already freed up.
This has already been reflected in falling oil prices, and if the agreement is officially signed, it could support high-risk assets.
---
(3) 📊 Trading Strategy
Positive events are gradually being priced in:
• The U.S.-Iran agreement nearing completion
• Decrease in liquidity pressure from the SpaceX IPO
• Shift in focus to macroeconomic risks
⚠️ Key Upcoming Event:
📅 June 17 — Bank of Japan (BoJ) Meeting